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AirDNA Data: IT Piemonte Novara

How is Novara performing?

84

Great
Market Score

57

Rental Demand

86

Revenue Growth

75

Seasonality

42

Regulation

Annual Revenue

$3.3K

+3%

past year

Occupancy Rate

32%

+4%

past year

Average Daily Rate

$45.3

+3%

past year

Revenue per Available Rental (RevPAR)

$21.3

+6%

past year

Novara Performance Details

Total available listings

511

+3%

past year

Listings by rental channel

Channel

Airbnb (93%)

Vrbo (5%)

Both (1%)

Listings by rental size

Bedrooms

1 Bedroom (72%)

2 Bedroom (19%)

3 Bedroom (6%)

4 Bedroom (1%)

5+ Bedroom (1%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (84%)

91-180 nights (5%)

181-270 nights (8%)

271-365 nights (3%)

Listings by rental type

Type

Entire Home (75%)

Private Room (21%)

Shared Room (3%)

Listings by Cancellation Policy

Flexible (47.2%)

Moderate (34.8%)

Strict (16.6%)

Super Strict (1.4%)

Listings by Minimum Stay

1 Night (2.7%)

2 Nights (14.9%)

3 Nights (6.7%)

4-6 Nights (6.1%)

7-29 Nights (3.1%)

30+ Nights (66.5%)

What amenities do listings have?

Heating

87%

Kitchen

86%

Tv

82%

Washer

70%

Wireless Internet

70%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review

Occupancy

Occupancy Rate

32%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$325,499

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$32

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$32

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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